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Tunisia Says Talks with IMF Positive, Committed to Paying Debts

A vendor offers rose petals to produce rose water traditionally in Nabeul, south of Tunis, Tunisa, 07 May 2022. (EPA)
A vendor offers rose petals to produce rose water traditionally in Nabeul, south of Tunis, Tunisa, 07 May 2022. (EPA)
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Tunisia Says Talks with IMF Positive, Committed to Paying Debts

A vendor offers rose petals to produce rose water traditionally in Nabeul, south of Tunis, Tunisa, 07 May 2022. (EPA)
A vendor offers rose petals to produce rose water traditionally in Nabeul, south of Tunis, Tunisa, 07 May 2022. (EPA)

Tunisian Finance Minister Sihen Boughiri said on Wednesday that initial talks with the International Monetary Fund were positive and that Tunis was committed to paying all its foreign debts.

Tunisia, in the throes of a severe financial crisis, is seeking to reach a new loan deal with the IMF in exchange for what would be unpopular reforms that include lifting subsidies and freezing wages.

Boughiri also said that Tunisia would repay 3.5 billion dinars ($1.14 billion) in foreign debt this month.

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GASTAT: Inflation Rate in Saudi Arabia Reached 1.9% in December

The Saudi capital Riyadh. Reuters
The Saudi capital Riyadh. Reuters
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GASTAT: Inflation Rate in Saudi Arabia Reached 1.9% in December

The Saudi capital Riyadh. Reuters
The Saudi capital Riyadh. Reuters

The annual inflation rate in Saudi Arabia reached 1.9% in December 2024, according to the General Authority for Statistics (GASTAT).

The Kingdom has the lowest inflation rates among the G20 countries.

The Consumer Price Index (CPI) reflects changes in prices paid by consumers for a fixed basket of goods and services consisting of 490 items. This basket was selected based on the results of the household expenditure and income survey conducted in 2018. Prices are collected through on-site visits to sales points.

CPI statistics are published monthly.